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$1,250,000

8710-87012 Ojeman Villas Drive, Houston, TX, 77055

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths2,226 Sq Ft
DuplexDuplex
price_per_sqft$561.55 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1,481 sqft

Building Information

Year Built2024
Garage Spaces2

Land Information

APN1468930020005
Lot Number5
Land UseResidential Single Family
Legal DescriptionLT 5 BLK 2 MEMORIAL LUXURY VILLAS
Assessed Land Value$171,786
Assessed Improvement Value$17,650
Assessment Year2025

About this property

Presenting Memorial Luxury Villas—a new construction residential development in Spring Branch neighborhood of Houston, TX. Crafted with meticulous attention to detail by Region Design Construction, these luxurious homes feature top-quality materials and innovative designs to meet today’s lifestyle needs. Zoned to A-rated public schools, this 16-unit community offers 3-bedroom, 3.5-bathroom residences with 2,226 sqft of living space. Highlights include a spacious second-floor balcony and an expansive fourth-floor terrace, ideal for relaxation and entertainment in a growing area.

Investor Tools

$448,934Estimated Mortgage Balance
$84,066Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,500 /month
Positive
Cash Flow Estimate:
$2,500 /month

Interested in this property?

Abe Alqalam

District Properties

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$303/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$969
$189,436
2025
$171,786
$17,650
$189,436
No

Tax History

Year
Tax Paid
Assessed Value
2024
$969
$189,436

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Tvc Funding I Llc
Building Or Construction Loan
$453,554
No
First
Feb 27, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$448,934
$84,066
15%
84%
$2,720/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,870/mo
$-1,148/mo
3.9%

City: Houston

8710-87012 Ojeman Villas Drive | Property Details | No Agent List